In 2015, it was established to undertake all the assets, liabilities, personnel and business of the former Lianyungang 金年会体育 Co., Ltd., formerly known as the Northwest Exploration Machinery Factory of the Ministry of Geology and Mineral Resources established in Wushan County, Gansu Province in 1970. In 1995, the whole system was relocated to Lianyungang, Jiangsu Province. city.